£274,501
This estimated value is based upon the latest sale price for the house of £93,500 on 3 May 2002. This value is then adjusted by the current Official House Price Index for NORTH SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £93,500 | 3 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH SOMERSET to estimate the market value.
When this house was purchased in May 2002 the House Price Index for NORTH SOMERSET was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £93,500 results in an estimated price of approximately £274,501.
| 3 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £93,500 | £181,001 | £274,501 |
The Postcode Pricing Model uses changes in average sales price within the BS24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 178.272 % | £166,684 | £260,184 |
| 3 Month Average | 154.990 % | £144,916 | £238,416 |
| 6 Month Average | 168.255 % | £157,318 | £250,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £275,146 | £270,000 | 62 LONGRIDGE WAY |
| 30 Mar 2023 | £183,057 | £180,000 | 30 VALE MILL WAY |
| 30 Mar 2023 | £183,057 | £180,000 | FIRST FLOOR FLAT, 30 VALE MILL WAY |
| 7 Mar 2023 | £213,160 | £209,600 | 33 OLD MILL WAY |
| 20 Jul 2022 | £181,822 | £180,000 | 98 LONGRIDGE WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Jun 2015. Using an estimated price of £274,502 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on VALE MILL WAY is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Vale Mill Way |
| Aug 2024 | Anti-social behaviour | On or near Vale Mill Way | |
| Aug 2024 | Anti-social behaviour | On or near Vale Mill Way | |
| Aug 2024 | Anti-social behaviour | On or near Vale Mill Way | |
| Aug 2024 | Public order | Under investigation | On or near Vale Mill Way |